Why Japan’s economy remains a warning to others

You May Be Interested In:China’s Quant Funds Boost US Recruiting After Trump’s Visa Curbs | Company Business News


For most of this century it has looked as if the world’s economy was turning Japanese, with low growth, below-target inflation and rock-bottom interest rates. Today the question is how much Japan will come to look like the rest of the world. On March 19th the Bank of Japan raised interest rates for the first time since 2007, after inflation seemed at last to have become entrenched. The interest-rate target for overnight loans, previously between minus 0.1% and 0%, will rise by a tenth of a percentage point. The central bank also scrapped its policy of yield-curve control, which capped long-term bond yields at 1%. Having kept monetary policy ultra-loose for years, Japan has now begun to follow the course set by other economies since widespread inflation took hold.

share Paylaş facebook pinterest whatsapp x print

Similar Content

Pete Davidson And Elsie Hewitt Have Reportedly Made A Big Step In Their Relationship
Pete Davidson And Elsie Hewitt Have Reportedly Made A Big Step In Their Relationship
Usher Apologized To Sabrina Carpenter’s Dad After Weirding Him Out By Feeding Her Cherries
Usher Apologized To Sabrina Carpenter’s Dad After Weirding Him Out By Feeding Her Cherries
Lucas Bravo Finally Confirmed His Relationship With Shailene Woodley
Lucas Bravo Finally Confirmed His Relationship With Shailene Woodley
People Are Praising Beyoncé's Perfect Recovery After Suffering A Wardrobe Malfunction Onstage
People Are Praising Beyoncé’s Perfect Recovery After Suffering A Wardrobe Malfunction Onstage
promo
If You Can Identify These Celebrities From Under A Heat Map, Your Visual Cortex Is Operating At Genius Level
Paul Graham backs Mark Zuckerberg’s charges against ex-Facebook COO Sheryl Sandberg: ‘Common for young, inexperienced…’ | Company Business News
Paul Graham backs Mark Zuckerberg’s charges against ex-Facebook COO Sheryl Sandberg: ‘Common for young, inexperienced…’ | Company Business News
Prime Headlines | © 2024 | News